Expert Creditors' Voluntary Liquidation services for UK companies. Professional CVL guidance, director protection, and asset realization with licensed insolvency practitioners.
Minimize personal liability and protect your assets during the CVL process
Professional creditor management and negotiation throughout the process
Maximize asset values and ensure proper distribution to creditors
A CVL is the most common form of liquidation in the UK, allowing directors to voluntarily wind up an insolvent company in an orderly manner while protecting personal assets.
Directors voluntarily decide to liquidate their insolvent company, maintaining control over the process and timing.
When conducted properly, CVL protects directors from personal liability and provides a clean break from business debts.
Assets are realized and distributed to creditors in order of priority, ensuring fair treatment for all parties.
CVL typically takes 6-12 months to complete, providing a definitive end to business obligations and debts.
CVL is only suitable for insolvent companies. If your company is solvent, you'll need a Members' Voluntary Liquidation (MVL) instead.
Your company cannot pay its debts as they fall due or has more liabilities than assets.
Creditors are threatening winding up petitions or other legal enforcement action.
Business rescue options like CVA or administration are not feasible or have failed.
You need to protect yourself from personal liability and potential director disqualification.
You want a definitive end to business obligations and the ability to start fresh.
You need to act quickly before creditors force compulsory liquidation proceedings.
Understanding the Creditors' Voluntary Liquidation process helps you prepare and ensures the best possible outcome for all stakeholders.
We assess your company's financial position, review director duties, and plan the CVL strategy to maximize asset recovery and minimize director liability.
Directors pass a resolution to wind up the company and appoint a licensed insolvency practitioner as liquidator.
A meeting of creditors is held to confirm the liquidator's appointment and establish a liquidation committee if required.
The liquidator realizes company assets, investigates director conduct, and pursues any recoverable assets or claims.
Funds are distributed to creditors in order of priority, final returns filed, and the company is formally dissolved.
Our experienced team will guide you through every step of the CVL process, ensuring maximum director protection and optimal outcomes for all stakeholders.
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